High yields, consistent income
AIC reveals list of 26 investment trusts yielding 5%+ with no dividend cuts in past ten years.
With only a week left to make the most of your ISA allowance, the Association of Investment Companies (AIC) has revealed a list of 26 investment trusts that pay a yield of more than 5% and have not cut a dividend in the past ten years.
That includes five trusts from the Renewable Energy Infrastructure sector, with yields ranging from 9.2% to 12.5%.
There are also five trusts from the UK Equity Income sector, three from the property sectors, and three infrastructure trusts. Five of the trusts offer a double-digit yield.
To make the list, trusts needed a yield of at least 5% and a ten-year history with no year-on-year dividend cuts and a positive total return over the decade.
These trusts show that high yields and consistent income can go together.
Nick Britton, Research Director at the Association of Investment Companies (AIC)
Nick Britton, Research Director at the Association of Investment Companies (AIC), said: “These trusts show that high yields and consistent income can go together. While dividends are never guaranteed, this list could make a useful starting point for investors who are interested in a yield that’s higher than average – much higher in some cases – but still want to see a good track record of dividend payments.
“It will also be helpful for investors looking for diversification, spanning asset classes from UK and global equities to infrastructure, debt, renewable energy, property and even private equity. Investors should always do their homework before investing, and if in doubt, consult a financial adviser.”
Consistent income payers with yields of more than 5%
| Investment trust | AIC sector | Yield % | 5yr dividend growth % p.a. |
|---|---|---|---|
| abrdn Asian Income Fund | Asia Pacific Equity Income | 7.34 | 9.30 |
| Henderson Far East Income | Asia Pacific Equity Income | 11.18 | 1.89 |
| CQS New City High Yield Fund | Debt - Loans & Bonds | 8.71 | 0.22 |
| Invesco Bond Income Plus | Debt - Loans & Bonds | 7.08 | 3.17 |
| CT Global Managed Portfolio Income | Flexible Investment | 6.70 | 4.46 |
| UIL | Flexible Investment | 7.21 | 1.30 |
| Lindsell Train Investment Trust | Global | 6.28 | 13.07 |
| HICL Infrastructure | Infrastructure | 7.50 | 0.49 |
| International Public Partnerships | Infrastructure | 7.86 | 3.04 |
| Sequoia Economic Infrastructure Income | Infrastructure | 9.17 | 2.76 |
| CT Private Equity Trust | Private Equity | 6.01 | 14.26 |
| Real Estate Credit Investments | Property - Debt | 9.64 | 0.00 |
| Value and Indexed Property Income | Property - UK Commercial | 7.27 | 2.27 |
| TR Property Investment Trust | Property Securities | 5.38 | 3.07 |
| Foresight Environmental Infrastructure | Renewable Energy Infrastructure | 10.94 | 3.06 |
| Foresight Solar Fund | Renewable Energy Infrastructure | 10.06 | 3.43 |
| Greencoat UK Wind | Renewable Energy Infrastructure | 9.24 | 7.58 |
| NextEnergy Solar Fund | Renewable Energy Infrastructure | 12.53 | 4.66 |
| Renewables Infrastructure Group | Renewable Energy Infrastructure | 10.33 | 2.38 |
| Henderson High Income Trust | UK Equity & Bond Income | 6.24 | 1.58 |
| abrdn Equity Income Trust | UK Equity Income | 7.01 | 2.24 |
| Chelverton UK Dividend Trust | UK Equity Income | 9.15 | 7.03 |
| CT UK High Income Trust | UK Equity Income | 5.65 | 2.20 |
| Merchants Trust | UK Equity Income | 5.35 | 1.78 |
| Shires Income | UK Equity Income | 5.74 | 1.76 |
| Athelney Trust | UK Smaller Companies | 5.60 | 1.26 |
Source: theaic.co.uk / Morningstar. Data correct to 25/03/25. Includes investment trusts with a yield of at least 5%, a positive ten-year share price total return, and no dividend cuts in the past ten years based on annual dividends (complete years only) and excluding special dividends. Excludes investment trusts undergoing wind-up, restructuring, acquisition or strategic review.
- ENDS -
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Notes to editors
- The Association of Investment Companies (AIC) represents a broad range of investment trusts and VCTs, collectively known as investment companies. The AIC’s vision is for closed-ended investment companies to be understood and considered by every investor. The AIC has 304 members and the industry has total assets of approximately £270 billion.
- For more information about the AIC and investment trusts, visit the AIC’s website.
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